Your page is loading.
One moment please.


CPF members who are covered under the Home Protection Scheme (HPS) from 1 July 2006 will receive premium rebates from the Central Provident Fund Board. The rebates arise from better than expected investment returns and lower than projected claims experience. The premium rebates will be credited to eligible members' CPF Ordinary Account in November 2015.


About 949,000 members will benefit from this rebate exercise, with about half to receive $400 or more. This is the fifth time the Board is distributing HPS premium rebates to members. The last exercise was carried out in 2006.


HPS is a mortgage-reducing insurance that protects CPF members and their families against losing their homes, in the event of death or permanent incapacity of the insured member before the housing loans for their HDB flats are paid up. Designed to be competitive and affordable for CPF members, HPS premiums are regularly reviewed and were lowered in 2006 and 2012. CPF members must be insured under HPS if they use their CPF savings to pay for the monthly housing loan instalments of their HDB flats. Those who do not use their CPF savings to service their housing loans can also be protected under HPS. 


Eligible members may check the rebate amount from my cpf Online Services > My Messages by logging in with their SingPass at the CPF website from the second half of November 2015. The rebate amount will also be reflected in the CPF Statement of Account which members will receive in January 2016.


Members with enquiries may call the CPF Call Centre at 1800-227-1188 or contact us at